[Last update: December 11, 2025]

32,270 students (80% of total 40,483 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Michigan State University (MSU). The average amount of the aid awarded is $9,834.

For the first-time, full-time beginning students (freshmen), 92% of total 9,361 enrolled students have received any kind of financial aid and its average amount of aid received is $9,750.

All Undergraduate Financial Aid

At Michigan State University, 32,270 undergraduate students (80% of total 40,483 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $9,834.

Financial Aid Statistics (All Undergraduate Students) - MSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship32,27080% $317,344,780$9,834
Pell Grants8,13320% $46,629,311$5,733
Federal Student Loan13,61334% $85,871,543$6,308

Beginning Undergraduate Students (Freshmen) Financial Aid

8,601 beginning undergraduate students (92% of total 9,361 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Michigan State University. The average amount of aid received is $9,750.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - MSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid8,60192% --
Grants or Scholarships8,26288%$80,554,798$9,750
Federal Grants1,89620%$11,507,259$6,069
Pell Grants1,89320%$11,026,376$5,825
Other Federal Grants95110%$480,883$506
State/Local Grants2,61928%$13,770,862$5,258
Institutional Grants8,08086%$55,276,677$6,841
Student Loan Aid3,42237%$30,732,986$8,981
Federal Student Loans3,21634%$16,815,643$5,229
Other Student Loans6427%$13,917,343$21,678

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Michigan State University.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level3,2143,161$31,422,711$9,777
0-30,000682681$15,283,269$22,409
30,001-48,000415415$6,867,310$16,548
48,001-75,000456454$4,628,339$10,150
75,001-110,000414409$1,899,413$4,588
110,001 or more1,2471,202$2,744,380$2,201

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